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  • #894,681
  • May 2, 2014 12:59pm May 2, 2014 12:59pm
Quoting BeyondD
{quote} now I wonder if you have seen the movie called (Idiocracy) ? That kind depicts the whole American sentiment of average people and education in its satirical way
An awesome movie ... Brandwo Electrolytes
Inserted Video
"It's the Margin, Stupid."
  • #894,682
  • May 2, 2014 1:10pm May 2, 2014 1:10pm
I just wanna said : Today is wow!!!!!!!!!!!!
I went long @ 1.3813 and 1.3815 and 1.3820 ... but then close at 1.3822
Luckily I didn't went short on reverse...smell something fishy!

short @ 1.3868 now ... and it doesn't look good
  • #894,683
  • May 2, 2014 1:10pm May 2, 2014 1:10pm
Quoting TauTrader
{quote} Heloo.... Hello....... Waiting for all the clever dudes. Scalping short here.
nice counter indicator , keep us informed of your scalps sir .
just kiddin , nothing personal.
Get Rich or Die Tryin
  • #894,684
  • May 2, 2014 1:12pm May 2, 2014 1:12pm
Quoting acidguy
{quote} look at the history, 2 out of 3 times this happens... today there was a big expectation about the NFP and the Big Bull that was gonna to unleash in the USD where is the Bull??? .... Bad Eurozone News, - Up Euro QE eurozone - Up Euro Awesome USA News - Up Euro A War in EU Backyard - Up Euro Negative Euro Rates - Up Euro European Countries Defaulting - Up Euro Wtf....
Thatīs why I ignore fundamentals nearly completely.

What a wild day today, sheer market power of some MMs.
At least I got my 1% with a buy and be content. Could have been more but I got a visit and could not watch courses any longer.

Now I am waiting for a really STRONG signal that this buddy will go down.
  • #894,685
  • May 2, 2014 1:13pm May 2, 2014 1:13pm
Quoting PipinStein
{quote} Citiboy, I wondering if you take partial profits on your shorts building a higher overall cost average? I understand your reasons and agree for being short but this type of price action has been going on for a long time so it seems to me that you either need to take quick partials on your LARGE shorts or build smaller shorts that can have a stop loss greater than today's 40 pip stop you put on with the added short in the 1.3830's. just curious
1385-90 may be a good place to short if we get there but too late for me and too many shorters around....uptrend still intact...good news from US data had no effect today so we are probably going to 1400 soon
  • #894,686
  • May 2, 2014 1:16pm May 2, 2014 1:16pm
Quoting PipinStein
{quote} Citiboy, I wondering if you take partial profits on your shorts building a higher overall cost average? I understand your reasons and agree for being short but this type of price action has been going on for a long time so it seems to me that you either need to take quick partials on your LARGE shorts or build smaller shorts that can have a stop loss greater than today's 40 pip stop you put on with the added short in the 1.3830's. just curious

dude ive been wrong for almost 6 months now lol. i was initially short before payrolls from 1.3860. I took off some dollar longs in AUD when it was at 9205. Obviously it all reversed. Whenever I add shorts while price is moving against me like today, its usually with a realtively tight stop. today i added at 1.3825, more around 1.3850 then bailed around 1.3870. net net it was basically a break even. I usually carry highly leveraged trades so I cant just let them roll.

Ive been short for every 100+ pip down move in EUR for the last 6 months or so. I go up by around 10k take small profits, but it always snaps back. For the year im still up money, but I need the trend to develop to really hit the six figure year that I want.
Twitter: @TrendersGame
  • #894,687
  • Edited 1:42pm May 2, 2014 1:21pm | Edited 1:42pm
Natural selection is a fair process, i now believe it ..
* You know, on a personal vindictive note: I remember early 2012 and the amount of mockery someone would take, for longing the Euro. One comment i remember specific, was someone daydreaming about buying Merceeds for free. The other was promising his fella to wash his ass with the worthless Euros .. I know, look up these people and wonder - if they are still watching?!
"It's the Margin, Stupid."
  • #894,688
  • May 2, 2014 1:29pm May 2, 2014 1:29pm
Entered short ... 1.3875.

Would be nice if 78.35 would mark the range bottom for the rest of the month (year?). Bought the dollar on a couple pairs (and shorted couple stocks) this afternoon.
  • #894,689
  • May 2, 2014 1:34pm May 2, 2014 1:34pm
All I can say is when i started my career in 2011 I told the guys in my group I thought the Yen was going to sell off big time.


Pretty much got this look from everyone ---->
Twitter: @TrendersGame
  • #894,690
  • May 2, 2014 1:47pm May 2, 2014 1:47pm
Although don't post here that often anymore, was actually a decent decision to make as it removed me from this forum's distraction (not to say that some know what they are doing), I've told myself I wouldn't trade NFP days in the past and broke that rule today.

Well sucks to say took a hit today, as I was in the green now in the red and back to the discipline drawing board.

And for those who do provide some insight thanks, I know those who do make good posts and opinions with backup facts or charts (right or wrong) I thank you people (you also know who you are not the general BS that is on here). I sometimes use those as a view on what I view to double check my strategies but in the end make up my own mind.

This is a tough career to say the least, and will keep at it but need to stay disciplined. My two cents for the next 6 months as I lurk but try to stay focused.

Petiedawgs
  • #894,691
  • Edited 2:11pm May 2, 2014 1:52pm | Edited 2:11pm
Quoting dichev
{quote} ok budd. i can always learn from my mistakes and admit them. congrats to anyone who has been on the right path. u r not the one to say where i belong though, budd!
I said SHE, not me will put you back. Read again. And if you are that hard headed to not understand what I meant and take it up on me, you will understand later, whether you like it or not.
  • #894,692
  • May 2, 2014 1:58pm May 2, 2014 1:58pm
Today proved to me that 'US & A' will never change...
My favourite USA manipulation: the fact that it's legal to give steroids to animals that will be food one day (EU banned in 1988)...everything is sacrafied in one matter - and that is money. Of course steroid will be absorbed by the person, who eat it, so:
Big cattle - big meat - big money - huuuge people....

Well America, today was a nice shot!
f(z)=z2+c
  • #894,693
  • May 2, 2014 1:58pm May 2, 2014 1:58pm
Looking to short at 1.3892
  • #894,694
  • May 2, 2014 2:22pm May 2, 2014 2:22pm
Quoting hathor
Today proved to me that 'US & A' will never change... My favourite USA manipulation: the fact that it's legal to give steroids to animals that will be food one day (EU banned in 1988)...everything is sacrafied in one matter - and that is money. Of course steroid will be absorbed by the person, who eat it, so: Big cattle - big meat - big money - huuuge people.... Well America, today was a nice shot!
I don't think steroids are the reason for the obesity epidemic in the US. There are other countries right up near the 25-30% rate that don't practice this and still have high rates.

Sedentary lifestyles combined with high energy fast food is the main driver. I have no idea what this topic has to do with forex, by the way.
  • #894,695
  • May 2, 2014 2:27pm May 2, 2014 2:27pm
Quoting WillyWonka
{quote} Advice taken 550 pip trade.... Im going to sleep well tonight
I'm glad you took the profits .. otherwise you would be really really pissed now!

All I'm asking is a 10 PIPS in another hr !!!!
Come EU .. you can do it!
  • #894,696
  • Edited 2:55pm May 2, 2014 2:34pm | Edited 2:55pm
Quoting Kanzler
{quote} I don't think steroids are the reason for the obesity epidemic in the US. There are other countries right up near the 25-30% rate that don't practice this and still have high rates. Sedentary lifestyles combined with high energy fast food is the main driver. I have no idea what this topic has to do with forex, by the way.
Fed works like an american vet. That's all.

Edit:
too much naughty 'injections', which generates bigger problems...
f(z)=z2+c
  • #894,697
  • May 2, 2014 2:35pm May 2, 2014 2:35pm
Quoting Vachus
Natural selection is a fair process, i now believe it .. * You know, on a personal vindictive note: I remember early 2012 and the amount of mockery someone would take, for longing the Euro. One comment i remember specific, was someone daydreaming about buying Merceeds for free. The other was promising his fella to wash his ass with the worthless Euros .. I know, look up these people and wonder - if they are still watching?!
people have to get accounts wiped out several times to learn a lesson, and keep their mouth humble.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #894,698
  • May 2, 2014 2:37pm May 2, 2014 2:37pm
Quoting hathor
{quote} Fed works like an american vet. That's all.
Meanwhile at Walmart.

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  • #894,699
  • May 2, 2014 2:41pm May 2, 2014 2:41pm
Quoting Vachus
Natural selection is a fair process, i now believe it .. * You know, on a personal vindictive note: I remember early 2012 and the amount of mockery someone would take, for longing the Euro. One comment i remember specific, was someone daydreaming about buying Merceeds for free. The other was promising his fella to wash his ass with the worthless Euros .. I know, look up these people and wonder - if they are still watching?!
when a trader gets cocky, that is time to lose money and be wiped out.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #894,700
  • May 2, 2014 2:42pm May 2, 2014 2:42pm
Quoting ffleo
{quote} when a trader gets cocky, that is time to lose money and be wiped out.
confidence and cockiness are two different things
ignore wackos and psychos, including myself. But I can't add myself to iggy
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